Headquartered in Bala Cynwyd, PA·Fiscal year ends December·NYSE: GBLI·gbli.com
About Global Indemnity Group
Global Indemnity Group, LLC (Nasdaq: GBLI) is a publicly traded holding company operating a diversified portfolio of property and casualty insurance-related entities. Its Katalyx Holdings subsidiary includes four agencies focused on sourcing, underwriting, and servicing primary and assumed reinsurance business — Penn-America Insurance Services, Valyn Re, J.H. Ferguson & Associates (including Vacant Express), and Collectibles Insurance Services. Katalyx also owns three specialized insurance service businesses: Kaleidoscope Insurance Technologies (proprietary underwriting and policy systems), Sayata (an AI-enabled digital marketplace for small commercial insurance), and Liberty Insurance Adjustment Agency (claims evaluation and adjustment services). Its Belmont Holdings GX subsidiary consists of five statutory insurance carriers — Penn-America Insurance Company, United National Insurance Company, Penn-Patriot Insurance Company, Diamond State Insurance Company, and Penn-Star Insurance Company — each rated 'A' (Excellent) by AM Best. The company underwrites wholesale commercial property and casualty insurance, specialty lines including collectibles and vacant property coverage, and assumed reinsurance. Its investment portfolio of approximately $1.4 billion is predominantly fixed-income securities with a conservative credit quality profile. Updated
Republic Bancorp leads today's payouts, sending shareholders about $8.7 million at 49.5 cents a share, with the cash arriving October 16. Four more companies follow, paying between 12 and 35 cents a share.
Global Indemnity Group, LLC (Nasdaq: GBLI) is a publicly traded holding company operating a diversified portfolio of property and casualty insurance-related entities.
What is the GBLI stock price target?
The Wall Street consensus 12-month price target for GBLI is $49.00.